S 1061 · 93th Congress · Disasters

A bill to amend the Consolidated Farm and Rural Development Act to modify the provisions relating to emergency loans.

Introduced 1973-03-01· Sponsored by Sen. Thurmond, Strom [R-SC]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Agriculture and Forestry.(1973-03-01)

Plain Language Summary

[AI summary unavailable — showing source text] Modifies those provisions determining eligibility and benefits for emergency loans under the Consolidated Farm and Rural Development Act. Allows a farmer, rancher, or oyster planter to apply for a loan if he has lost one-third of his crop, livestock, or oysterbeds. Establishes the interest rates on such loans at 5%.…

Summarized by Claude AI · Non-partisan · For informational purposes only